# Talyst

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/talyst

- Industry: Healthcare IT
- Headquarters: Bellevue, US
- Website: www.talyst.com
- Total disclosed funding: $20M
- Latest round: Series B (Nov 10, 2006)
- Investors on record: 2

## About

Talyst, LLC specializes in healthcare automation solutions that enhance workflow efficiency through innovative medication management and transport systems, ensuring reliable patient care in medical facilities.Founded in 2002 and headquartered in Bellevue, US, Talyst, LLC focuses on automating healthcare operations to improve medication management. The company raised USD 10.00 mn in its most recent funding round in November 2012, led by ORIX Growth Capital. Talyst has successfully completed 4 deals since its inception, with their latest deal occurring on November 7, 2012.Talyst, LLC provides automation solutions specifically designed for healthcare facilities, emphasizing medication management and transport systems. Their notable products include PillPick®, AutoCarousel®, and BoxPicker®, which help in preventing medication errors and optimizing pharmacy operations. These solutions are deployed by hospitals, outpatient pharmacies, and long-term care institutions across various regions, including the United States, Canada, and parts of Europe and Asia.Talyst, LLC generates revenue primarily through direct sales and partnerships with healthcare providers. The company sells its automation systems alongside ongoing maintenance services, catering to clients who seek to enhance their medication management processes. They have structured pricing plans that include long-term service agreements and subscription-based models for their software solutions, supported by a diverse clientele in the healthcare sector.Talyst, LLC aims to leverage its recent funding of USD 10.00 mn raised in November 2012 to further develop and launch new products in the healthcare automation sector. The company is actively designing enhancements for its existing product line, with plans to expand into broader international markets by the end of 2023. This strategic focus on innovation and market expansion is intended to strengthen their position and address evolving challenges in healthcare workflows.

## Funding rounds

- Series B, Nov 10, 2006, $20M — OVP Venture Partners, Ignition Partners

## Investors

- OVP Venture Partners (https://capitalatlas.ai/funds/ovp-venture-partners) — Series B
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series B